PHOTO: She doesn’t have subscriptions to services like Netflix and refuses to download UberEats or Deliveroo to stop her spending money. Picture: Supplied Source: Supplied
A savvy NSW teacher has bucked the current trend, managing to buy her first property by uncovering ways to make her money stretch further.
As property prices started to skyrocket, longtime renter Kate Walker was “freaked out” as she wondered if the deposit she had been saving for years was ever going to give her the dream of home ownership.
The Wollongong resident had been putting every spare dollar towards her goal of buying a home. Always a bit of a saver, she had been living a frugal life compared to her 27-year-old peers.
“I don’t have any subscriptions like Netflix all those sorts of things, I don’t have UberEats on my phone, I make spending a bit harder so I can get takeaway if I want but if it’s on my phone on Deliveroo it’s too easy. I’ve never had a credit card and I’ve never used Afterpay,” she told news.com.au.
“A lot of my clothes are second-hand but I’ve always been that way. I don’t buy a lot of commercial stuff – I naturally like to reuse things.”
But with stories of families having savings over $100,000 but still unable to snap up a property, Ms Walker has managed to buck the trend.
Armed with a deposit of $50,000, which included $10,000 from a family inheritance, the teacher recently purchased an apartment in Wollongong.
READ MORE VIA NEWS.COM.AU
